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Published: August 4, 2025
Bitcoin ($BTC ) is teetering on the edge of a deeper correction, with technicals signaling a potential slide to $100,000. Meanwhile, $XRP battles resistance in its corrective phase, with legal hurdles clouding its path. Here’s a sharp dive into the risks and opportunities driving these crypto giants.
Bitcoin: Bracing for a Dip
After peaking near $122,056, Bitcoin’s rally has stalled. Bearish signals—a failed breakout above the macro trendline, declining 5- and 10-day SMAs, and a bearish SMA configuration—point to a test of $111,965 support, with $100,000 looming if selling intensifies. Macro headwinds, including a weak U.S. jobs report and recession fears, fuel the downturn, with the Crypto Fear & Greed Index slipping to 70. Yet, BTC’s long-term outlook remains solid, backed by pro-crypto policies and institutional interest. A hold above the 50-week EMA near $60,000 could spark a rebound.
$XRP : Breaking the Downtrend
XRP, trading at $2.72, is down 10% weekly, grappling with a corrective trend and resistance at the 38.2% Fibonacci level. The Ripple-SEC lawsuit, with a $50M penalty and ongoing injunction disputes, casts a shadow, delaying XRP-spot ETF hopes. Still, Ripple’s 100+ financial partnerships and a new U.S. patent for instant payments bolster XRP’s fundamentals. A breakout above $3.00 could target $3.33, while a drop below $2.65 risks $2.58 or lower.
Market Outlook
Bitcoin’s potential slide to $100,000 and XRP’s fight against resistance highlight the crypto market’s volatility. BTC’s resilience hinges on key supports, while XRP’s fate ties to legal clarity and ETF prospects. Investors should tread carefully, balancing risks with the long-term promise of both assets.
